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I have worked for banks for past 9 years. I agree that most of the software are old, outdated and just plain fucked up. I have done so many projects where we ba
by yashchandra 14y ago
I have worked for banks for past 9 years. I agree that most of the software are old, outdated and just plain fucked up. I have done so many projects where we band-aid existing legacy systems even thought the project is called "Strategic decommissioning of legacy platform blah blah..". Point being that these guys are extremely difficult to penetrate into and they do not like change. I think opportunities are boundless to create good products and sell to these banks. But will need to go through lot of red tapes. Not to mention the new Dodd Frank stuff. Everyone is scared as to what that is bringing and the first question they will ask you is "Is this in compliance with Dodd Frank regulations" specifically if related to credit, risk etc.
give me a shoutout though in case you want some more ideas. Always happy to talk.